Well - I've done a lot of number crunching . . . and there's really not much change.Today was a big reversal day. So What? It was an inside day. And the XAO remains within its trading range. So . . . it was a day of indecision.
Nothing in the 50 Leaders or the Advancers/Decliners stood out as being of any consequence. The Industry Sectors were all over the shop - typical of a non-trend day. Some up. Some down. The 50-Leaders were up a bit. The Small Ordinaries were up a bit more. But not enough either way to say that the Risk Taking or Risk Avoidance was upper most.
So - we're stuck in a trading range.
The market will tell us very soon which way it is going to go.
Cheers
Red
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